The number of Tk 1 crore and above account holders in the banking system has decreased following the political changeover on August 5.

According to Bangladesh Bank’s (BB) financial report for the July-September quarter, over Tk 26,000 crore was withdrawn by people, all of whom are millionaires holding accounts with over Tk 1.0 crore.

Due to these withdrawals, the bank account balances of more than 1,500 people also dropped below the Tk 1.0 crore threshold.

While the exact number of real millionaires in the country remains uncertain, an approximate estimate can be derived from the number of crore-taka accounts in banks.

These accounts have seen a significant increase since the Covid-19 pandemic, the report says.

Bangladesh Bank statistics reveal that in 1975, there were only 47 accounts holding over Tk 1.0 crore.